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So far, they are reliably hitting the goals they set for themselves. Consistency in execution is more important than what the share price is doing day to day, if your concern is long term value.
Will Polestar Survive?
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I have been trading since -99 and it was a long time ago stocks actually had anything to do with reality, if ever.
Its all a big dream machine that we built the whole world upon.
Do people dream big or nightmares is all you need to know, because that is what will dictate where things will go.
And no, there is no common sense in this. But my God I wish it was!
Its all a big dream machine that we built the whole world upon.
Do people dream big or nightmares is all you need to know, because that is what will dictate where things will go.
And no, there is no common sense in this. But my God I wish it was!
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11,217 Posts
I've been trading a little longer 😉, and I'm comfortable saying that if you are not an institutional investor and you're buying individual stocks, I hope you're doing so with play money. Otherwise, as the economy expands, the overall market goes up. Bet on that and you'll be in fine shape over the long haul.
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973 Posts
No reason to scare people about buying individual stocks. Big difference between buying a big stable company and a volatile tech stock
Still have to diversify though, which is easier with a fund for those just starting
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I am reminded of Warren Buffet's challenge to the best and brightest stock pickers in the industry:
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Buffett's Bet with the Hedge Funds: And the Winner Is …
In 2008, Warren Buffett placed a million-dollar bet that an S&P 500 index fund would beat the funds of funds hedge fund managers would select.
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973 Posts
For sure the index funds have been proven winners with little research/work involved. The downside and upside are limited which can be a good thing depending on your situation
Those hedge funds have a relatively broad content of stocks, really they're almost the same thing as the index fund but with added fees
Those hedge funds have a relatively broad content of stocks, really they're almost the same thing as the index fund but with added fees
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11,217 Posts
The hedge fund managers in this bet didn't use any of their/others standard funds. They traded and tried to beat the indexes and they simply couldn't. The ups and downs of an index fund balance out to a pretty decent return. If you are really lucky and time other purchases and sales right you will beat that. But if you don't, you won't. And you are unlikely to be that lucky or have that much foresight. For instance, if you had purchased a tech fund index a few years ago you'd have done really well IF you were prescient and knew to sell it before the latest tech downturn. But since no one without inside information is, that loss can be better smoothed out by a larger index fund. How many people knew to get out of banking stocks last week?
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973 Posts
Ten years ago apple stock was 16.50, today 153
Ten years ago s&p 500 was 1551, today 3891
9.3x vs 2.5x
There's plenty of stocks like apple that have soundly beat the index (and to be fair plenty that have not)
Just a matter of risk tolerance, 2.5x your money in ten years is great
Ten years ago s&p 500 was 1551, today 3891
9.3x vs 2.5x
There's plenty of stocks like apple that have soundly beat the index (and to be fair plenty that have not)
Just a matter of risk tolerance, 2.5x your money in ten years is great
Lots of fanboys answering you, but when you invest you have to see beyond that.
They are burning cash and have to pay back or refinance loans of 1 billion soon I think.
Getting new money in this market is not easy.
And the ones who say Volvo/Geely has their back, the terms of their last loan just some month ago did not give confidence. Plus they won’t give away money, they need something in return.
I see a future for Polestar, but as an independent listed company, maybe not. I don’t see the reason they listed, but Geely loves to create independent brands that all have their own CEO and strategy. There must be a reason for that, but as a Chinese company, maybe not the best.
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Absolutely. Although hind sight is 20x20. When would you have guessed during that 10 years to sell an individual stock? How much of that 9.3x might you have missed? During any given down period would you ride that individual stock down without selling? During that same period you can almost be certain that the S&P is going to rebound, whereas any given stock may not.
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15 Posts
Chinese have lots money. No problem.
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970 Posts
The two vehicles that are going to be their best-sellers in the American market aren’t even on the road yet but on-schedule, and they’re meeting their volume targets for Polestar 2. Seems a little premature to be discussing Polestar’s demise as a public company.
I’m hoping EV sector growth is impervious to a recession. Polestar will do well with Fleet Buyers who are trying to reduce their carbon footprint, that side of the business should keep ticking over.
A mistake they've likely made is bringing the Polestar 3 to the market before the Polestar 4. Appreciate it’s a marquee product orientated at the US market but lower cost is where it’s at right now.
www.autoexpress.co.uk
A mistake they've likely made is bringing the Polestar 3 to the market before the Polestar 4. Appreciate it’s a marquee product orientated at the US market but lower cost is where it’s at right now.
New Polestar 4 spotted in light camouflage | Auto Express
The fourth bespoke Polestar model will be a mid-sized SUV, positioned beneath the range-topping Polestar 3
www.autoexpress.co.uk
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Whilst I agree with your from a buyers perspective that lower cost is where the games is at right now, I don't think that works from a brand/make strategy in the long term. The moment you'll compete purely on cost its game over, that is not where the profit margins are.I’m hoping EV sector growth is impervious to a recession. Polestar will do well with Fleet Buyers who are trying to reduce their carbon footprint, that side of the business should keep ticking over.
A mistake they've likely made is bringing the Polestar 3 to the market before the Polestar 4. Appreciate it’s a marquee product orientated at the US market but lower cost is where it’s at right now.
New Polestar 4 spotted in light camouflage | Auto Express
The fourth bespoke Polestar model will be a mid-sized SUV, positioned beneath the range-topping Polestar 3
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Brand identification really matters. Most upscale brands have cheaper offerings, but only release them after they are well established as a luxury brand.
Right now the car market is very focused on more expensive models, and for good reason.
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872 Posts
That’s not how Lexus started. I believe their first car was a Camry like car. Of course “Lexus in Japan” was and still is branded as a Toyota.
Nothing of this is true.
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872 Posts
It’s partly true. The ES 400 and 250 I thought came out together. The 250 was pretty much a Camry and sold as an upscale Toyota camera in Japan.
It was not until 2005 that Toyota started using the Lexus brand in Japan and did sell them as Toyotas.
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The LS400 was their first car.
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